Demand as Hot as the Arizona Sun

From: Calgary Herald

Canadians eager to buy property in Greater Phoenix area.

Canadians eager to buy property in Greater Phoenix area

BY GERALD VANDER PYL

When many Canadians start looking for recreational or investment property, their gaze turns south toward the United States.

According to a survey released in July by the U.S. National Association of Realtors, Canadians made up 23 per cent of international buyers of U.S. real estate during the previous 12 months, the third straight year they have been the largest percentage of foreign buyers.